U.S. patent system now only world's 12th-best -business group

Patent reforms in recent years have introduced cost and uncertainty to the U.S. patent system, which is no longer one of the best in the world, according to a new report from the business-oriented lobbying group U.S. Chamber of Commerce.

The Chamber on Thursday released the 2018 International IP Index, a ranking of 50 nations based on how committed they are to ensuring intellectual property owners can protect their creations and enforce their legal rights.

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